Journal
ACADEMY OF MANAGEMENT JOURNAL
Volume 60, Issue 2, Pages 433-460Publisher
ACAD MANAGEMENT
DOI: 10.5465/amj.2014.0861
Keywords
-
Categories
Funding
- Engineering and Physical Sciences Research Council [EP/F036930/1]
- UK Innovation Research Centre - Economic and Social Research Council [ES/G042993/1]
- NESTA
- Innovate UK
- Department for Business, Innovation and Skills
- EPSRC [EP/F036930/1] Funding Source: UKRI
- Engineering and Physical Sciences Research Council [EP/F036930/1] Funding Source: researchfish
Ask authors/readers for more resources
Building on a unique, multi-source, and multi-method study of R&D projects in a leading professional services firm, we develop the argument that organizations are more likely to fund projects with intermediate levels of novelty. That is, some project novelty increases the share of requested funds received, but too much novelty is difficult to appreciate and is selected against. While prior research has considered the characteristics of the individuals generating project ideas, we shift the focus to the panel of selectors and explore how they shape the evaluation of novelty. We theorize that a high panel workload reduces panel preference for novelty in selection, whereas a diversity of panel expertise and a shared location between panel and applicant increase preference for novelty. We explore the implications of these findings for theories of innovation search, organizational selection, and managerial practice.
Authors
I am an author on this paper
Click your name to claim this paper and add it to your profile.
Reviews
Recommended
No Data Available